Overseas property investors may be boosted by news that over 4.79 million Britons intend to spend a month or more overseas this year.

A study by Sainsbury’s Bank has found that the main reasons for this planned exodus include visiting family and friends (cited by 38 per cent) and escaping the British weather (30 per cent).

Investors in overseas property for rental purposes may find there is a high level of demand from Britons as a result of this trend.

The survey found that the over-55s represented a large proportion of those seeking extended overseas stays, contributing 1.72 million of the total.

Despite the credit crunch, new opportunities to travel overseas at a low cost have been emerging recently.

Last week easyJet unveiled 14 new routes from the UK to Europe for summer 2009.

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